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Madison Market Report

$274,948

AVERAGE PRICE OF 90 HOMES

$550,312

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$475,000

AVERAGE PRICE OF 2 HOMES WITH A POOL

$419,500

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

$2,600,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

Average Home

Average Price $274,948
Avg Bedrooms 2.79 beds
Avg Bathrooms 1.72 baths

Average Price by Bedrooms

1 bedroom $134,800
2 bedrooms $173,638
3 bedrooms $249,204
4 bedrooms $412,945
5 bedrooms $324,300
Madison Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 106 107 97 105 116
Average Price $240,917 $235,460 $242,165 $239,173 $242,386
Avg Price Change +2.32% -2.85% +1.25% -1.34% -1.61%
Median Price $211,759 $217,124 $220,055 $219,806 $224,470
Med Price Change -2.53% -1.35% +0.11% -2.12% -3.61%
Avg Bedrooms 2.84 beds 2.87 beds 2.89 beds 2.8 beds 2.93 beds
Avg Bathrooms 1.76 baths 1.73 baths 1.74 baths 1.76 baths 1.84 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hunters Lane Comp High School 72 $240,066 53 days
Madison School 1 $425,000 115 days
Maplewood Comp High School 17 $413,858 32 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 90 $274,948 50 days
Newly Built Homes 8 $550,312 129 days
Homes with a Pool 2 $475,000 96 days
Reduced Price Homes 2 $419,500 44 days
Multi-Million Dollar Homes 1 $2,600,000 n/a